Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the used car retail sector can look forward with “renewed optimism” after an 8.9% decline in sales during Q1.
Car dealers sold vehicles seven days faster than they did at the start of 2021 after the return of showroom retail accelerated the sector, eBay Motors has reported.
Car retailers are being urged to refocus their online marketing efforts as Google prepares to update its policies on customer data – removing cookies and making customer behaviour harder to track.
A 36% April surge in online traffic from used car buyers was accompanied by a 7.1% year-on-year rise in advertised vehicle values on Auto Trader.
Car retailers across the UK should be working to ensure that organising a test drive is as easy as ordering an Uber, according to automotive eCommerce specialist drivvn.
The Society of Motor Manufacturers and Traders (SMMT) has said that April’s 13.9% rise in new car registrations show that there is “light at the end of the tunnel” after COVID-19.
Vertu Motors has doubled-up its 2021 season support for British Touring Cars Championship (BTCC) racer Tom Ingram with sponsorship from its Bristol Street Motors Hyundai Nottingham dealership.
Former Liberal Democrat MP Luciana Berger will join the Cazoo board as non-executive director and Environment, Social, and Corporate Governance (ESG) Committee chair.
Hyundai’s Genesis Motor Europe premium subsidiary will forgo partnerships with traditional franchised car retailers entirely when it enters the UK market this summer.
Polestar’s UK chief executive has told AM that the brand will expand its physical footprint with the opening of new Polestar Space facilities in Birmingham and Glasgow by the end of the year.
DS Automobiles UK has appointed Robins and Day’s head of marketing and connected customer, Keely Davidson, as its new marketing director.
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
Lotus Cars has revealed that the name of the replacement for its Elise sports car will be Emira as it unveiled plans for growth and a new omnichannel retail strategy this morning (April 28).
New research shared with AM has revealed that 75% of car buyers do not want any kind of monitoring device in their car, despite an acceleration of manufacturer’s efforts to exploit ‘surveillance capitalism’ through connected cars.
Hendy Group and Vertu Motors’ Vansdirect business will both sponsor British Touring Car Championships (BTCC) drivers in the 2021 season as Cazoo backs the St Leger Stakes in its latest deal.
The Peter Cooper Motor Group has launched a new logo that was designed by one of its employees as part of a charity competition, to celebrate years of trading.
Kwik Fit claims to have launched the ‘Netflix of car maintenance’ in the form of a monthly subscription service covering the cost of new tyres, wheel alignment, MOTs and an annual service.
Sytner Group’s CarShop used car division has furthered its aim to deliver an omnichannel sales process with the launch of its new CarShop Express store in Leicester.
Manheim Auction Services has said that it will continue to waive its online car buying fees and offer free vehicle collection as part of its Accelerate package of COVID-19 recovery support.
Aston Barclay managing director Martin Potter has said that the success of the remarketing provider’s return to physical auctions after ‘Lockdown 3’ could mean it has to “turn traders away”.
Online car marketplace heycar has expanded its marketing efforts with three new broadcast sponsorships.
Tesla’s ongoing expansion of its retail and service facilities in the UK has brought 10 store openings in the past 12 months, with four in the first part of 2021.
Pendragon partially credited the “high degree of protection” against ‘Lockdown 3’ offered by its new digital approach to car retail for a £10.8 million underlying profit in Q1.
Cazoo has appointed former Ocado chief financial officer Duncan Tatton-Brown and 23andMe founder and chief executive Anne Wojcicki to its board ahead of its £5bn public offering on the New York Stock Exchange.
GForces and Autofutura have vowed to connect car manufacturers, automotive finance providers, car dealers and consumers to optimise the entire customer journey with a merger announced today.
